When a bankruptcy case is filed an "automatic stay" goes into effect. In legalese a “stay” is putting a halt on something, stopping something. The automatic stay is a provision in the U.S. Bankruptcy Code that makes it illegal for creditors to attempt
If you are struggling to pay back your debt, it is time to face your problem head-on. The sooner you get clear about exactly how much debt you owe and to whom, you will be able to evaluate your options
The U.S. Bankruptcy Court for the Southern District of Georgia recently ruled on a case that questioned whether Social Security Income may properly be excluded from current monthly income, and hence not considered in projected disposable income in a proposed
Dealing with a debt collection agency can quickly induce stress. The phone rings non-stop and they continually demand money. But if you could afford to make all of your debt payments, you would.
If you have a debt that has gone
Personal financial management is one of the most important aspects of being an adult―an yet it is not part of the core curriculum of our education system. Many Americans graduate from high school, and even higher education, not having formally
Deciding if filing for bankruptcy is the right choice for you can be a difficult decision. How can you know if it is the right choice for you?
The following Q&A can serve as a helpful starting point as you explore
After bankruptcy your discharged debts are gone, you are free of credit card bills, medical bills, and other overwhelming debts. We want you to enjoy your financial fresh start. While we do not advise that you begin to incur debt
Hello dear reader!
Thank you for following our blog. We share information here about getting out of debt, the benefits of bankruptcy, and tips on savvy financial management, saving more, and spending less.
Certainly, these are critical topics for our financial futures,
When you fall behind on paying your bills the creditors start calling. Collection calls are stressful―and sometimes collection calls are incessant or aggressive. Know that you have rights when it comes to debt collection!
Third party debt collectors (collectors who
Georgia's median income matters to bankruptcy filers because it is a significant factor in determining whether or not you qualify for Chapter 7 bankruptcy.
Income Below the State Median
The Bankruptcy Code regulates who is eligible for bankruptcy relief. If your net